Thanks Nick …. Thanks for that comment! I thought about how easy...

Thanks Nick …. Thanks for that comment!
I thought about how easy it is for losses to mount up and how my impulses often get me into trouble, and decided my anxiety about the overall market was greater than my ‘need’ to stay.
Despite believing strongly in the fundamentals here I feel cash might right now be ‘the bird in the hand that is worth two in the bush’.

Cheers

And re those fundamentals, no mention of robotics or JVs with heavy lifters, but there was a story on June 7 in Kaline media that reflected on them thusly:
https://kalkinemedia.com/au/news/st...from-asx-all-ordinaries-close-to-52-week-high

Major highlights for the half-year ended 31 Dec 2021:

• Revenue of AU$1.065 billion, up 12.3% compared to pcp. Maintenance and industrial services division achieved a record half-year revenue.
• Net profit after tax stood at AU$30.1 million, up 17.7% compared to pcp.
• Secured new contracts and contract extensions worth about AU$860 million since the beginning of the period across the resources, energy, infrastructure, and international markets.
• Paid an interim dividend of 24 cents per share, fully franked, in March 2022.

In April, the company announced to have secured AU$230 million worth of new contracts and contract extensions in the Australian and PNG energy and resources space.


cheers